Luxottica Group will acquire Xueliang Optical, the leading premium optical chain in Beijing, China. Luxottica Group will acquire 100 percent of the equity interest in Beijing Xueliang Optical Technology Co. Ltd. for a purchase price of RMB 169 million (ap
Author: SGB Media
Ellms and Winther Merge to Form Pinnacle Outdoor Group
Hal Ellms & Ben Winther are pleased to announce the merger of their North East sales agencies. The partners bring 30 + years of combined Outdoor Industry experience to the new entity which goes by the name of Pinnacle Outdoor Group Inc….
Rolf Prima Recalls Vigor and Elan Rear Wheels
Rolf Prima is recalling 2003 Rolf Prima Vigor and Elan rear wheels because the freehub mechanism can malfunction causing no resistance when pedaling. Although no injuries have been reported, this could cause riders to lose balance and fall. These 2003 Rol
Sierra Trading Post Ads New Catalog
Sierra Trading Post added a new catalog, Hot Deals, to their existing family of titles. The Hot Deals catalog, like all Sierra Trading Post's titles, offers savings of up to 70% on a wide variety of famous name brand casual and career clothing, footw
Stanwood and Partners Ads SIA as a Client
SnowSports Industries America selected Stanwood & Partners Public Relations (S&P), of Jackson Hole, Wyo, as the association's public relations firm. The announcement concludes a search in which several PR firms were considered. S&P will handle the as
Indigo Equipment Hires Russell and Caraway
Indigo Equipment recently retained new sales representatives to cover California, Nevada, Arizona and Hawaii for the growing Indigo brand. Andy Russell and Dana Caraway bring a combined two decades of outdoor industry experience to the job…
Palmer Snowboards Moves to Denver
Palmer USA relocated their offices to Denver, Colorado. The new office was said to have “epic views of the mountains and is the perfect location for customer service, domestic and international operations and a new dealer showroom.” The new offices will h
Cannondale Acquires Sugoi Performance Apparel
Cannondale Bicycle Corporation has reached an agreement to acquire Sugoi Performance Apparel. The acquisition significantly expands the growing apparel and accessories offering under the Cannondale umbrella. The acquisition strengthens it’s presence in t
Confluence Finalizes Brand Positioning and Sales Force
Confluence Holdings Corp. has finalized the positioning for its brands, its new sales team, and its pre-season program in preparation for the 2005/06 selling season and Outdoor Retailer Summer Market. Confluence was created in 1998 by the merger of Wilder
Columbia Inks Women’s Belts License
Columbia Sportswear Company has signed a license agreement with Another Line, Inc. for the design, manufacturing, and marketing of a new line of outdoor, active women's belts. The new product line features a wide variety of belts that includes leathe
Mammut Names New Brand Manager
The Mammut Sports Group AG has a new Brand Manager for its mountain sports brand, Mammut. Jürgen Schütte started working at the head office in Switzerland on the 1st of July. Mr Schütte comes from the K2 Sports Europe Group where he worked for 13 years in
Lotto Sport Italia Inks First Division Soccer Sponsorship
Lotto Sport Italia and Udinese Calcio, Friuli’s first division football team have inked an official sponsorship agreement. As a result of this new synergy, Lotto will be the Club’s new “Technical Sponsor and Official Supplier” and “Official Sponsor” until
Zappos.com Receives an Additional $15 million Investment
Zappos.com received an additional $15 million round of equity funding from Sequoia Capital. The funds will be used to support the company's rapid sales growth and to improve the customer experience. Zappos.com is expecting to surpass $300 million in
Specialized Forms Spanish Subsidiary
The Spanish bicycle and parts distributor, Dirt Racing, entered into a partnership with Specialized Bicycles to establish a new Specialized subsidiary, Specialized España S.L. The new company will be headquartered in Madrid and led by partner and Managing
Doug Martin launches Blue Room Sports
Doug Martin has formed Blue Room Sports, Inc., a marketing and communications company serving the cycling and sports’ industries. For Martin, who has held executive marketing and sports marketing management positions within the cycling industry for over
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